Starbucks Shares (SBUX) Time To ExitSBUX is setting up a bearish pattern on the monthly and weekly chart with a double top pattern, a bearish candlestick pattern and bearish divergence. Expecting price to go down. Time To Take Profits and Exit by RightsidetradingUpdated 114
Testing MACD and RSI resistance lines on the dailyBiased long on the daily chart as well. Look for RSI to break above 69.1 without rejection. At the same time the RSI and MACD should both be breaking those orange resistance lines. If price action holds above the green bar from the last top then it looks like we are in good shape. Give it another day. Longby gumbtgUpdated 115
Setup for bounce, headed to 73?Recent slide in SBUX doesn't seem entirely connected to fundamentals. Signaling oversold, with MACD still pointing lower. Will come into contact with trend and 200d MA shortly. If support is seen around 56.50, seems like a target around 73 is not out of the question. If support not found, may punch down through Feb low of 54, or further still to retest Nov low around 52. by keekerdc3
SBUX Long positionStarbucks long position 1: At Support line 2: Rsi is oversold U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures, Stocks and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.Longby xvingen7
What Are They Serving At Starbucks (SBUX)SBUX Weekly Chart Looking Bearish with #bearishengulfingsignal and #doubletoppattern Shortby RightsidetradingUpdated 994
Can SBUX Find Support?SBUX has been sitting on a support level for the last two days, only time will tell if it jumps or cracks. SBUXby alexrich7004
SBUX LongLONG at 50 day SMA right at 60.69 Take profits at 61.27 (almost 1%) If market is not bullish, take only 0.4% profits Stop Loss at $59.89 Longby frunch_rosco123114
Starbucks CorpWithin the last few days SBUX has come off it's all time high made 6/5. Stock is in a strong uptrend and IMO would be a good buy at support level highlighted in yellow. Entry: $61.40 Stop: $60.75 Target 1: $64 ibb.coby PdunuwilaUpdated 7
Symetrical Triangle, Up-trend and Double Botton Symetrical Triangle, Up-trend and Double Botton by Pfagundez3
Sbux major support and resistance levelsWe expert a retracement to 61.5 which is a major support level before proceeding to higher levels.Longby CIKTradingCapital115
sbux breakout lookoutlong term trend is in uptrend with trend strength increasing intermediate time frame is showing increasing uptrend with slightly flattening longer term moving average might be indicating consolidation...forming a tight symmetrical flag in uptrend move should lead to breakout past resistance area of 63.5x area and into areas of least resistance target is the .618 extension level at 65.85 volatility is contracting setting up for a major move possible breakdown due to negative divergence in rsi so remaining cautious- setting stop at 62.9x area volume is showing strong positive pressure Longby inco16